Grandview Capital Acquisition, a SPAC focused on the food industry, informed the SEC that it is withdrawing an offering of 30 million units initially registered last December.
CEO and Director Torrey Rossetter is a managing partner at Grandview Capital Partners.
At one point Grandview Capital had 14 institutional investors interested in buying units representing nearly 12% of the proposed offering.
The SPAC had been approved for a Nasdaq listing with Cantor serving as sole book-running manager. Read more.